Cheap Apartments for Rent in Island, KY from $500 (27 Rentals)

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Search the lowest-cost Apartments available for rent right now in Island.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Showing Results 1-27, Page 1 of 1

Island, KY Local Guide

Cheapest Available Island Apartments for Rent and Nearby

 

The cheapest available apartment rental in Island, KY is a 1 Bed unit found at Graystone Henderson in the Henderson North End neighborhood priced from $599. Willow Run has the second lowest priced unit, which is a Studio apartment currently listed from $625. Here is today’s list of the most affordable Island apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Graystone Henderson1 Bedroom1BR,1BA$599
Willow RunThe BristolStudio,1BA$625
Embassy Apartments0.1Studio,1BA$645
Ambassador VillasAmbassador 1 BD1BR,1BA$675
Legion Park & Heartwood Court ApartmentsLegion 1 Bed1BR,1BA$750
Devonshire Gardens I & IIII 1 Bed 1 Bath C1BR,1BA$800
Park Place Apartments - 55+ CommunityOne Bedroom Unit1BR,1BA$800
Addison PlaceWindsor1BR,1BA$814
Parkside Apartments2 Bedroom2BR,1BA$825
The Manning1 Bedroom 1 Bathroom1BR,1BA$829

Best Value Apartments for Rent in Island, KY and Nearby

As of May 29, 2025 the best value apartment in the Island area is the $1.24 price per square foot Delaware II Model at River Club in the in the Lant Manor neighborhood starting from $1,249. The second greatest value Island apartment is the The Oak Model at Indian Woods starting at $1,020 with a $1.07 price per square foot in the Lincoln-Bellemeade neighborhood. Here is today’s list of the best values for Island apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
River ClubDelaware II2BR,1BA$1.24
Indian WoodsThe Oak2BR,1BA$1.07
Abbey Court ApartmentsNottingham2BR,1BA$1.02
Naveen Pine ApartmentsCozy Two Bedroom Apartment Home2BR,1BA$1.12
Parkside Apartments2 Bedroom2BR,1BA$1.03
Ambassador VillasAmbassador 1 BD1BR,1BA$0.96
Addison PlaceWindsor1BR,1BA$1.23
Park Place Apartments - 55+ CommunityOne Bedroom Unit1BR,1BA$1.27
Legion Park & Heartwood Court ApartmentsLegion 1 Bed1BR,1BA$1.25
Graystone Henderson1 Bedroom1BR,1BA$1.20

Quick Rent Budget Calculator

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Island, KY Rentals by Map

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See the most popular apartments and homes in Island, KY

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Getting Around Island, KY

Walk Score®

51 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

45 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Island Apartments

What is the Cheapest Studio apartment in Island?

Currently the most affordable Cheap Studio Apartment in Island is at Willow Run listed at $625.

How much is rent for a Cheap One Bedroom Island Apartment?

The lowest price for a Cheap One Bedroom Island Apartment is $599 at Graystone Henderson.

What is the lowest price for a Cheap Two Bedroom Island Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Island is starting from $800 at Ambassador Villas.

What is the most affordable Island Three Bedroom Apartment?

The best deal on a cheap Island Three Bedroom Apartment rental is at The Manning and starts from $1,219.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.